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's your take? >> i think those numbers are actually not that bad considering it's been a tough environment. on the bottom line, two cents better shows that the company's actually operating a little better. the issue, really, is related to the stock, which is underperformed so far. it's down 6% last year. down 6% again this year. operationally, they are doing a better job. they also boosted their dividend. when we talk to investors, there seems to be a buyer strike at the moment. investors are concerned about networking and whether that entire market can become monetized and cisco's margins will be decreased. i think what's more important are the details of whether cisco can convince investors that the company can compete in an environment which is becoming increasingly software centric. >> now, you know that gross margins have slid over the past few years. what would signal a reversal in that trend? >> that's a good point. at its peak, gross margins were about 70%. last quarter, they were about 62%. i think more software, better products, and better engineersiengineering of a lot of these
environment will remain unfavorable. in addition, the committee believes that the effective supply capacity of the economy is likely to continue to grow slowly over the forecast period. in october, cpi inflation picked up to 2.7%, partly as a result of higher university tuition fees. the committee's best collective judgment of the outlook for cpi inflation is summarized in chart 3 on page 8 of the report and is based on the same assumptions about monetary policy as chart 1. inflation is likely to remain above target for the first part of the forecast period and is higher than in august reflecting recent outturns and the announcement of large increases in household energy prices. further declines in inflation not being checked by price increases in sectors where market influences are weak. the rising student tuition fees alone added over not .3 percentage points to yesterday's inflation figure and do pestic gas and electricity prices are raising faster than wholesale energy prices. such factors are pushing inflation -- >> the point mervyn king is making there that part of the reason inflatio
charged three more people over the deep water horizon accident. this from environment and energy news. the justice department charged three workers involved in the deepwater horizon with various criminal violations. dd go down to amarillo, texas, merlin is waiting on the independent line. you're on the "washington journal." caller: i was just wondering how much b.p. has actually made cleaning up the spill? host: not a stat i have for you right now, merlin. i can tell you b.p. was reporting profits in the fourth quarter of 2010 after the spill occurred. profits of about $5.5 billion. the spill occurred in the summer of that year. this according to b.p.'s website. in the third quarter of 2010, b.p.'s profits were about $5 billion. in the fourth quarter of 2011, $7.6 billion in profits. caller: does anybody think that they might have did it on purpose? host: why would you think that, merlin? caller: well, because i heard that the night right before the spill they pulled out their stocks in a lot of, you know, some of the money that they had out there, they pulled out -- host: where are y
a group like this. but there is support for it in this environment and so i don't think, the system will dissolve just because there's resistance. >> trevor, i often feel like when you talk to political operatives on both sides and found risers on both sides, and donors, you hear from a strong word but this is kind of self hating core to the people are participating in this system that feel trapped. this thing is just going to go on and, therefore, they'll play and get used to. is that what is sustained this? what is it that keeps it going? >> during the course of the campaign i a chance to talk to a range of major republican donors comment and even victimized even they because i think republicans were interested in the super pacs, the party had embraced of them and citizens united. but i found romney donors saying to me this is terrible. i don't want to be able to write an unlimited check. this is not our president ought to get selected. we need to talk about this after the election. so, you know, now think one of the things that i will be doing is circling back around and saying,
're not directly getting at that. >> i think the carbon tax makes enormous sense to do with the environment impact of energy use. you can design one in a way that does not cause too much harm for american industries that compete with folks abroad. consumption tax, there are things you can do to treat the income tax to make it look more like a consumption tax. >> i want each of you to give me your thoughts at the end of the day, what do you think the tax code will look like with his conversations between the cop -- between the president speaker boehner are done? >> i think we will have slightly higher marginal tax rates on some high-income tax -- and these 1 high income tax payer. i think there will be a variety of tax exclusions and deductions that are scaled back modestly. >> if scaled-back means capped in some way, i agree completely. rex i think we will see some of those things will back. the top rate will be either 39.6 or 35. it will be somewhere in between. >> we have some common ground here among our economists. thank you, a gentleman for joining us. thank you all. i appreciate the peterson
this on the eve of an election. again, i'm obviously not positing some huge conspiracy. in our environment, in our hyperpartisan environment, most people in a situation like this seeing any possibility for political advantage would have raced to expose something like this, right? general petraeus was confronted about this two weeks ago, right? two weeks before the election. chose -- ultimately decided to resign but didn't decide to resign at that moment. was there part of the reason he did not decide to resign immediately upon being confronted on this, he knew it would be embarrassing for the administration on the eve of an election? that's a reasonable inference. there's so much we don't know because so many people individually have not spoken publicly about the chain of events and their motivations in terms of keeping quiet at a moment of maximum political volatility. >> just to clarify because i've raised a lot of questions here, my biggest concern isn't what happened at the end. i understand there are a lot of conservatives that are going to be thinking that this was -- >> cover-up. >> benghaz
to know what their taxes are going to be. they need to know what the regulatory environment is going to be. they need to hhve an element of confidence before they're going to go out and start hiring again. right now, the large firms sector is under down, the small firm ector is down 15 at 20 feet tall waiting for some safety to come out again. so it is really incumbent upon washington to find the regulatory tax and fiscal landscape in a positive way. lou: of want to go through some of your outlook. you are saying that if we go over the cliff, tax hikes and spending cuts will translate into sequestration and the lapse of the bush tax cuts. the tax hikes would translate into a reduction in economic growth of 4%. that's automatic recession. >> absolutely. so the fiscal cliff is a contraction in the government impulse and the economy of 4-5% of gdp. i would say in the first order that will hit and reduce economic growth from 2 percent down to-1,-2 very easily. lou: and your outlook on employment, unemployment dropping -- dropping, in my dreams, rising from just under 8% to 9 and a half percen
're going to go through. to arrive at the idea that people have a right to a work environment where they're not being bullied. >> reporter: if passed, this legislation would give businesses the power to fire offenders. raskin says he hopes someone the sponsor the bill. you can seek lost wages and benefits. for susan, passage would mean a bigger payoff. victims not afraid to use their voice. >> they'll be able to speak up faster. they won't think twice about going to human resources. and getting the problem looked at from day one. >> reporter: angie goff, news4. >>> let's take a look at the stories trending online today. >>> no. david, no. no. david, no, no. >> she makes some good points, david. >> recognize that? ann hathaway had her third go this weekend. in addition to taking on homeland, she also did with summer calling. a spot-on impression of katie holmes. she went in for this all-digital short. this was stupid funny. okay. it's a new dance called the sloppy swish. >> no, you should be -- >> james bond "sky falls" made a franchise record $88 million in the first weekend in the u.s.
to have an environment that allows it to happen. i think congressas to do something. they have to do something to bring fha in. gerri: that idea, you know, helping low-income people, forget about it. want to ask you quickly, what is really a pr effort going on to make people want to keep fha. here is shaun donovan saying that they have weathered the storm by taking the most aggressive and sweeping action in the history of reform. trying to make the point today that we have more money coming. everything is going to be okay. americans, go back to sleep, keep sending us your taxpayer dollars. >> absolutely not. what they are not mentioning, and they did this a year ago when they came out with a report, they knew the projected house price numbers were completely wrong. ey basically ignore that. then they made a correction this time to the tune of $10 billion. well, this time they are using interest rates from july, and they are basically saying that mortgage rates are going to double by the third quarter of 2014. well, there was a little event that happened in september with the feds. th
environment, and taxes is one of them. reform the tax code. when you do that, you get more revenue. guaranteed almost. i mean, it's, again, it's as i said earlier, there's opportunities here, and this is an opportunity for us as a country, and as you look at the budget analysis, joint tax committee analysis of what tax reform could be in terms of economic and growth, i mean, all of them will lead to more growth whether it's corporate tax reform or individual tax reform. >> right, but if the president insists, said last friday, he said this was fought over in the campaign, and we fought over tax rates, rising tax rates, he didn't use the word "rates" himself, but the press secretary said the president would veto any bill that extends tax rates. if he insists rates go up for those making over $250,000, what would your recommendation be to the republican congress in the senate? >> working in two white houses, i believe a president has a veto over the press secretary, thank goodness, because i like the president's comments better than jay carney's comments. i think he was behind the curve on that,
, one that improves the environment, saves money in the long run. congress can begin on this now. in the aftermath of hurricane sandy, congress can't ignore the near bankrupt flood insurance program. while we fix the short-term problems, however, let's make it more effective, efficient and actuarially sound so that it will spare lives, property and the federal treasury. overhauling the flood insurance program would solve the most immediate challenges caused by extreme weather events likely due to global warming. we may even be able to discuss climate change in a more thoughtful and rational way. based on work i've done in the past with congressman ryan and jeff flake, i know agriculture reform is a ripe opportunity. taxpayers cannot afford to lavish unnecessary subsidies on large agri business while harming the environment and shortchanging small farmers and ranchers. surely, tea party republicans and members of the progressive caucus can come together to improve nutrition, wildlife habitat, hunting and fishing while strengthening family farms. and since big bird dodged a bullet
the regulated environment we had back pre-1980 where everything was forced to be in the ticket price. so i think what we've come to is a more natural economic order in terms of cafeteria style. you pick what you want. but i think the unbundling is pretty much done. you may see a few things going forward, but most of it has been done thus far. >> david, joining us very early? san francisco, guys, a day when the company says they'll tap the brakes a little bit on their growth but coming off a profitable third quarter and expecting a profitable fourth quarter. guys, back to you. >> phil, thank you. i was trying to figure out what in the world they could possibly still charge us for. >> they'll figure out a way. all the airlines will. >> wearing clothes? >> paying nor travel with a bunch of naked people. >> can i pay to make sure all the other peenassengers are clo? >> i've never flown virgin. >> i love it. >> you wake up a newborn again -- >> born again every single morning. >>> when we come back, a world of opportunity, why u.s. consumers could soon benefit from an improved pan thama can t will. i
. >> ( translated ): in the new environment, our party faces many severe challenges and there are many pressing problems within the party that need to be resolved. the problems among the party members and card res of corruption taking bribes, being out of touch with the people, undue emphasis on formalities and bureaucracy must be addressed with great effort:. >> ( translated ): -- >> reporter: we know only a little about xi. he's the son of a communist party hero. his daughter is at harvard and his wife is a famous singer. she holds a rank in the people's liberation army equivalent to major general but has disappeared from view since her husband was picked for the top. the other five on stage today are a conservative lot, reformers lost out in this reshuffle. this man studied economics in north korea. the man on the right has been in charge of propaganda and censorship. yesterday the politburo voted to include in their constitution outgoing president hu jintao's theory of scientific development. all in favor? anyone against? no one. no one. it's a show. important decisions like who will be lea
that here were heros, local heroes supporting the kids who needed help the most in an environment that would work for hours and hours a day, and they were absolutely without resources. just a box of broken crayons. if they were beyond the reach of programs like rif at the time, and many, many were. so what we realized was, well, we can certainly solve one part of this problem. we can build a pipeline to get resources to them. programs like rif and others are increasingly devoted to what kind of content is on, is available to these programs and how they use that content in the class room. and we consider ourselves soldiers in the same war, taking on that challenge and expanding beyond what we've reached so far so we can get completely across the united states and beyond with fantastic resources. jane robinson, do you work with public libraries? >> guest: we do. we like to, um, be sure that we get brand new books that are chosen by the administrators and teachers. that's our primary focus. but we absolutely have worked with our corporate partners to supply school libraries with brand new books
the way we govern our country. it is a good, therapeutic way to look in a nonhostile environment as to where we need to go with the country. >> john: the fact it is a nonhostile environment means it won't be covered on most cable news outlets. i'm looking over the roster of speakers. of course you're there as well as james carvel and mary madeline. i guess their merge is a model for this kind of event. you have trent lott and ted strickland, jonathan capehart and another married couple, avalon and hoover. it seems like a really, really inspiring roster of people. so i guess let me ask you why did things turn out the way they did last week on election day? >> you know, first of all, it was close but i think that -- you know, most of the pundits got it right. that is i think the people sense that the economy was getting better while slowly things were kind of turning in the right direction. and i think they were willing to give the president the benefit of the doubt under those circumstances. i also think that the
the journal on what improvements we see by putting teenagers in this environment. it will be printed next year. what we're seeing is a 10-15% improvement on survival rates. we're not dealing with medicine, just environment. if you had a drug that will give you 10-15% improvement on your outcome, they would throw billions at you. >> you cannot really argue with that. it sounds like a great plan. was there someone specifically? how did you become interested in teenage cancer? how did you notice there was a gap in this? >> as i said earlier, i noticed basically because my doctor and his wife noticed. i just have one of those brains that seem to me straight line, sensible things to do. there is a huge problem in madison of the moment. costs are going through the roof. there are other things you can do to improve the care of the patient. the one role of medicine that is observation of pedicethe patien. basically from the beginning when it was posed to me as a problem. >> when it was announced you were speaking here we did get questions from the general public, and some came from young adult teenage
even in crowded environments, with a 90-day risk free trial from providers you can trust. i'm enjoying my freedom again. even conversations in noisy restaurants are easy. not an aarp member? join today. and then take advantage of the aarp hearing care program provided by hearusa. call hearusa ... and reconnect with your world today. martha: congressional leaders head into the white house tomorrow for a meeting on how to stop the country from going over the so-called fiscal cliff which is an urgent matter, i think both sides agree on that. both parties say they are already drawing some of their lines in the sand where they will or will not go on this issue. house speaker john boehner says he believes they can reach a deal. >> i don't think anyone, on either side of the aisle under estimates the difficulty that faces us. but i do think the spirit of cooperation that you've seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, i remain optimistic. i was born with a glass half-full. >> what
system. so it's awkward to support a group like this. but there is support for it in this environment. the system will dissolve because there's resistance. >> trevor, i often feel when you talk to political operatives on both sides and fundraisers on both sides and donors, there's a strong word, but it's kind of a self hating quality to the people who are participating in the system. they feel trapped. this thing is going to go on and therefore the plaintiff used to it. is that what is sustaining this? >> well, during the course of the campaign i had a chance to talk to a range of major republican donors and even may feel republicans are more interested in the super pacs. the party had embraced them and citizens united. i thought rummy donors say to me, this is terrible. i don't want to rent an unlimited check if this is not our president not to get selected and we need to talk about this after the election. so now i think one of the things that i be doing is certainly untruths are you back around and say are you into changing the system? if you look at it, even the candidates are pri
operations are safe and clean for our communities and the environment. we're america's natural gas. >>> welcome back to "early start." more than two weeks after super storm sandy, thousands of people in new york are still in the dark and cold demanding answers right now. >> much of the anger is directed at the long island power authority or lipa for failing to respond to the big one. lipa is the target of a class-action lawsuit and its chief operating officer is stepping down. deb feriyak has been covering this for us. >> it's ban hot mess is the only way to describe it. you have an organization that basically hires out the power grid to a different contractor and what ended up happening is they basically lost control. they weren't prepared. they knew that the big storm was coming but reports said they didn't make the most basic changes like cutting tree branches so the wires wouldn't have to be taken down. this caused a lot of people to be plunged into darkness during the storm. people on long island are tired of the cold, the dark and the run-around from the power company out her
-- >> environment, economy, on and on and on. >> environmental region. >> thanks, christy. >> you're welcome. >>> wait until you hear what mitt romney is saying now, that is coulding up. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast feeding should not use androgel. serious side effects include worsening of an enlarged prostate, possi
that trade the bank stocks right now say low interest rate environment and no growth or low growth environmentment in 2013. reason they are not particularly optimistic. today these stocks are bouncing back. carl, they have been beaten up badly in the last couple of months. >> thanks, bob. bob pisani. send it back to head quarters and kayla. she has the market flash. >> watching diamond food. the stock tlaubled for the last year a half. down another 11% today on a downgrade from jefferies. jefferies saying there is a -- 33% more downside for this company to go. last week it restated earnings for the last two years. wipe out about $56 million in profit. they had problem was their accounting and with the payme payments. >> meantime, tensions rising in the middle east. senior official close to binyamin netanyahu is ready for ground invasion in the gaza strip but prefers diplomatic solution to that conflict. >> reporter: hello there. in fact, it is nighttime in g . gaza. the attention is shifting south of where we are. focusing more on cairo, egypt. that's where intense negotiations ar
was not sufficiently angry enough in this environment that the primary process was fought in. he wasn't anti-intellectual enough. >> and downplayed his conservatism. >> that was the biggest mistake. he downplayed his conservatism from the very beginning. and i want to say again, mark halperin, the anti-intellectualism in the republican party over the past decade has been growing. that's another thing bobby jindal has been talking about. that's got to change. that's got to change. we not only have to win over hispanics, we've got to win over educated hispanics. educated african-americans. educated white people. educated people of all races with ph.d.s, an area we've been losing for decades. >> and joe, there's another issue that i know you think a lot about and thought a lot about that huntsman also talked about which is afghanistan and ending the war. that's another populist issue that i think republicans missed in 2012. the president was for winding down the war. you had others who didn't run that thought that that was an issue to tap into across the board populists including a lot of the g
Search Results 0 to 30 of about 31 (some duplicates have been removed)